Which of the Following Statements Is Not Correct

question 47

Multiple Choice

Which of the following statements is not correct?

• A)Trade allows for specialization.
• B)Trade has the potential to benefit all nations.
• C)Trade allows nations to consume outside of their production possibilities curves.
• D)Absolute advantage is the driving force of specialization.

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Definitions:

Conceptual Frameworks

Structures of concepts and ideas that guide thinking, research, and practice in various fields by providing an organized way to make sense of related phenomena.

Piaget

A Swiss psychologist known for his pioneering work in child development, specifically his theory of cognitive development that describes how children construct a mental model of the world.

Formal Operational Stage

In Piaget’s theory, the stage of cognitive development (normally beginning about age 12) during which people begin to think logically about abstract concepts.

Crib Death

Also known as Sudden Infant Death Syndrome (SIDS), it refers to the sudden and unexplained death of a seemingly healthy baby during sleep.